After four years of discussions with Sixpoint Brewery founder Shane Welch, Artisanal Brewing Ventures finally completed a deal to purchase 100 percent of his Brooklyn-based craft brewery this week.
Even though ABV had been courting Sixpoint for several years, it wasn't until this summer when negotiations really began to heat up, John Coleman, CEO of ABV, told Brewbound.
As the deal came together, ABV - which is backed by family office Ulysses Management and was formed in 2016 via the merger of Victory Brewing and Southern Tier Brewing - turned to Wells Fargo to help finance the...Read more ...